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Padget Electronics Inaugurates Smartphone Manufacturing Facility in Noida

Padget Electronics Pvt. Ltd., a wholly-owned subsidiary of Dixon Technologies (India) Ltd., has inaugurated its smartphone manufacturing facility in Noida. This information was shared by Dixon Technologies (India) in its stock filing dated 30th November 2023.

Padget Electronics will manufacture Xiaomi smartphones at its factory and has invested Rs. 256 crore in this newly opened plant. This facility is spread over an area of about 2.7 lakh square feet and has a capacity of manufacturing 25 million smartphones every year. Padget’s facility is expected to generate around 5,000 new job opportunities.

Commenting on this development, Mr. Sunil Vachani, Executive Chairman of Dixon Technologies, said, “It’s a momentous step towards our commitment of boosting local smartphone manufacturing system in India. We believe that this association will leverage our excellence and superior execution and Xiaomi’s expertise & leadership in Indian business ecosystem”.